MEDIA RELEASES
Hotel Tours, Executive Panel and Featured Show for Group of 44 Aimed to Give Insights on Diversified Offerings and Responsible Gaming Measures
[Macau – January 4, 2016] MGM consistently invests in initiatives that support cultural exchange and talent development for locals. The Company has supported University of Macau (UMAC) for its annual study tour since 2005, and this year has hosted a group of 44 which took off for Las Vegas in late December 2015.
The University of Macau has organized study tours to Las Vegas with the objective to provide students an opportunity to broaden their horizon in the hospitality and gaming industry to enrich their outlook on future careers and bring new insights to the industry in Macau. This year’s group consists of 36 students in the third and fourth year of the Hospitality and Gaming Management Program and three faculty members. This is also the first UMAC study tour to be joined by members from Sheng Kung Hui, which sent five representatives to explore the responsible gaming measures implemented in the city, so as to further enhance the skills and techniques applicable to Macau to minimize the impact of problem gaming.
MGM arranged hotel site inspection tours at three of the Company’s 11 properties in Las Vegas, an Executive Panel to meet and exchange ideas with MGM’s senior management team, and featured show “O” at The Bellagio for the group. Given MGM is the market share leader in Las Vegas with exemplary convention space, entertainment, retail and food and beverage offerings, the arrangement was designed to give the group better understanding of the elements of non-gaming offerings that makes its properties a strong example of diversification with approximately 70% of its Las Vegas revenues generated from non-gaming offerings. The group’s visit at MGM concluded with meeting Mr. Alan Feldman, Executive Vice President of Global Government & Industry Affairs of MGM Resorts International, who then gave a presentation pertaining to the Responsible Gaming and Corporate Social Responsibility initiatives and practices of the Company.
Of the study tour, Davis Fong, Associate Professor in Hospitality and Gaming Management of UMAC, said, “Thank you to MGM for its continuous support to our students through the years. Visiting a tourist destination that proves the success of diversified offerings with gaming as a basis is one of the few best ways for our students to learn and experience for themselves. Las Vegas is a city which excels in innovations and possesses extensive experience in managing MICE, show businesses and entertainment, which is the business model that Macau is trying to implement as a strategy to diversify its economy.”
While continuously developing its employees, MGM remains supportive to all initiatives aimed to cultivate local youth into talent, helping to position Macau as a world leisure and tourism hub.
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About MGM
MGM is an abbreviation for MGM China Holdings Limited (HKEx: 2282) and is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and is developing a second resort, MGM COTAI which is expected to more than double our presence in the world’s largest gaming market, Macau.
MGM MACAU is a luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style. MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praça, housed under a soaring glass ceiling. MGM MACAU’s world class facilities include an Art Space dedicating over 8,000 square feet to display authentic works of art, conference and event facilities, an award-winning spa, and nine signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.
MGM COTAI designed as the “jewelry box” of Cotai, plans to offer approximately 1,500 hotel rooms and suites, meeting space, high end spa, retail offerings and food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience. MGM COTAI will offer Asia’s first dynamic theater and a spectacle to wow every guest who steps foot in our resort. MGM COTAI is being developed to drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau as it grows as a global tourist destination. The US$3 billion project is expected to open in the fourth quarter of 2016.
MGM China is majority owned by MGM Resorts International (NYSE: MGM), one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
For media enquiries, please contact:
Irene Wong
Vice President of Public & Community Relations
MGM
Tel: (853) 8802 2822
Email: irenewong@mgmchina.com.mo
Karen Lam
Public Relations Manager
MGM
Tel: (853) 8802 3801
Email: karenlam@mgmchina.com.mo
Juliana Kung
Assistant Public Relations Manager
MGM
Tel: (853) 8802 3803
Email: julianakung@mgmchina.com.mo